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See how verdicts work2-bedroom flat · CO7 6DJ
For saleReduced £20k (−6.3%) on 20 JunListed 180 days
Opportunity summary
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About
Set within the picturesque surroundings of Dedham Mill, this charming first-floor apartment offers a rare opportunity to enjoy waterside living in one of the area’s most sought-after locations.
Combining character with practical modern living, the property provides well-balanced accommodation, ideal for both full-time residence and weekend retreat.
The property is approached via a gated entrance, opening onto well-maintained communal grounds that immediately set the tone for the setting.
The historic mill building sits attractively alongside the water, surrounded by mature trees and established planting, creating a sense of privacy and seclusion.
The apartment is accessed via a well-kept communal entrance, leading to a bright and welcoming first-floor position.
Inside, the accommodation is thoughtfully arranged, with a central hallway connecting each of the principal rooms and providing a natural sense of flow throughout.
At the heart of the home is a spacious open plan kitchen and living area, designed to make the most of the natural light and surrounding outlook.
Dual aspect windows frame attractive views and allow light to fill the space throughout the day, creating a comfortable and airy environment for both everyday living and entertaining.
There are two well-proportioned double bedrooms, each offering a calm and private setting, with pleasant outlooks that reflect the property's tranquil surroundings.
A separate study provides a useful additional room, ideal for home working or as a flexible space to suit individual needs.
The bathroom is fitted in a clean, modern style, with a bath and shower over, completing the internal accommodation.
Residents have the benefit of access to a generous meadow, offering a wide expanse of open green space bordered by natural landscaping.
This area provides a peaceful backdrop throughout the seasons and enhances the overall feeling of space around the development.
The mill pond and waterways form a particularly appealing feature of the setting, with a private mooring available for residents, adding to the lifestyle appeal of the property and offering direct enjoyment of the water.
Practical amenities are also well catered for, with allocated parking provided, along with a designated area for washing lines and a bin store, all discreetly positioned within the grounds.
Overall, the outside space complements the apartment perfectly, combining attractive communal areas with useful facilities, all within a unique and picturesque waterside environment.
Entrance Hall (3.56m x 1.35m (11' 8" x 4' 5")) Kitchen/Living Room (5.23m x 4.62m (17' 2" x 15' 2")) Study/Dressing Room (2.62m x 1.47m (8' 7" x 4' 10")) Bedroom (3.73m x 3.7m (12' 3" x 12' 2")) Bedroom 2.95m plus door recess x 2.46m max Bathroom (2.24m x 1.75m (7' 4" x 5' 9")) Agents Note The lease has 159 years remaining.
Service charge (which we understand includes ground rent) £3,979.26 per annum – next review date April 2027. Services We understand mains electricity, water and drainage are connected to the property.
Electric heating. Broadband And Mobile Availability Broadband and Mobile Data supplied by Ofcom Mobile and Broadband Checker.
Broadband: At time of writing there is Standard, Superfast and Ultrafast broadband availability.
Mobile: These figures show the percentage of measurements across this postal district over the last 12 months that can successfully stream video or make a video call if they have coverage.
EE 84%, O2 70%, Three 81% and Vodafone 73%. Performance scores should be considered as a guide since there can be local variations.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 32 Dedham Mill,, Mill Lane, Colchester
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